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Monday, December 12, 2011

Sirius (SIRI) (SGEN) (SHLD) (CIEN) (CRIS) (DRWI) Get New Coverage

Sirius XM Radio Inc. (NASDAQ: SIRI), Seattle Genetics, Inc. (NASDAQ: SGEN), Sears Holdings Corp. (NASDAQ: SHLD), Ciena Corp. (NASDAQ: CIEN), Curis, Inc. (NASDAQ: CRIS) and DragonWave Inc. (NASDAQ: DRWI) getting new coverage from analysts.

WJB Capital initiated coverage on Seattle Genetics, Inc. (SGEN). They placed a “Sell” rating on the company.

Imperial Capital initiated coverage on Sears Holdings Corp. (SHLD). They placed an “Underperform” rating on the company.

Citigroup (NYSE:C) initiated coverage on Sirius XM Radio Inc. (SIRI). They placed a “Buy” rating and a price target of $2.20 on the company.

Northland Securities initiated coverage on Ciena Corp. (CIEN). They placed a “Market Perform” rating on the company.

Oppenheimer initiated coverage on Curis, Inc. (CRIS). They placed an “Outperform” rating and a price target of $6.00 on the company.

Desjardins initiated coverage on DragonWave Inc. (DRWI). They placed a “Hold” rating on the company.

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